H.H. Sheikh Hamdan Unveils AED1B to Boost Space Sector
The initiative aims to double economic returns, empower local talent, and support missions like the asteroid belt project and lunar exploration.
- Publish date: Wednesday، 20 May 2026 Reading time: 3 min reads
H.H. Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai, Deputy Prime Minister, and Minister of Defence, has launched a Dh1 billion ($270 million) strategy to supercharge the UAE’s space sector and solidify its position as a global leader in space innovation. The announcement came during a Supreme Space Council meeting, where Sheikh Hamdan emphasized the UAE’s commitment to collaboration, technology, and talent development in the booming industry.
The International Space Co-operation Programme is a key initiative under the National Space Strategy 2031, aimed at doubling the economic returns of the space sector while advancing the UAE’s capabilities in research, development, and manufacturing. The programme will:
- Foster global partnerships between UAE-based research institutions and international counterparts.
- Empower local companies to develop advanced space technologies.
- Nurture homegrown talent to drive innovation and contribute to the sector’s growth.
Sheikh Hamdan took to X (formerly Twitter) to highlight the UAE’s space ambitions, stating:
“The space sector remains a strategic priority for the UAE as we continue building a future economy driven by knowledge and innovation, while strengthening our position among the world’s leading nations in this field. We are proud of the UAE’s pioneering space achievements, which continue to inspire future generations, and confident in our youth’s ability to turn ambition into achievements that contribute to a better future for humanity on Earth and beyond.”
A Legacy of Space Milestones
The UAE has rapidly emerged as a powerhouse in space exploration, achieving historic milestones in recent years:
- Hazza Al Mansouri became the first Emirati in space in September 2019, aboard the International Space Station (ISS).
- Sultan Al Neyadi made history in March 2023 as the first Arab astronaut to complete a long-duration space mission, spending six months on the ISS.
- The Hope Probe, launched in July 2020, successfully entered Mars’ orbit in February 2021, marking the UAE as the fifth entity globally to reach the Red Planet.
- The UAE recently extended its Mars mission until 2028, continuing to gather groundbreaking data about the Martian atmosphere.
Ambitious Missions on the Horizon
The UAE’s space ambitions are far from over. Among its most ambitious projects are:
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Asteroid Belt Mission (2028 Launch)
- The MBR Explorer spacecraft, named in honor of Sheikh Mohammed bin Rashid Al Maktoum, will embark on a five-billion-kilometre journey to the asteroid belt between Mars and Jupiter.
- Over eight years, the spacecraft will perform fly-bys of six asteroids before landing on a seventh—a historic first for the UAE.
- This mission will pave the way for future resource utilization in space.
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Lunar Exploration: Rashid 2 Rover
- The UAE is racing to become the second nation to land on the far side of the Moon, with the Rashid 2 Rover expected to launch later this year.
- This follows the success of the Rashid 1 Rover, which contributed valuable data despite its landing challenges.
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Emirati Astronaut on the Moon by 2034
- The UAE has set a bold goal: to land an Emirati astronaut on the lunar surface within the next decade, joining an elite group of nations in human lunar exploration.
A Vision for a Knowledge-Driven Economy
The AED1 billion investment reflects the UAE’s long-term vision to diversify its economy and foster innovation in high-tech industries. By collaborating with global partners, supporting local startups, and investing in STEM education, the UAE aims to position itself at the forefront of the global space economy.
With these ambitious projects, the UAE is not only expanding its scientific capabilities but also inspiring a new generation of Emiratis to pursue careers in space science, engineering, and research.
